After breaking out of the ascending channel that we have identified on the graph, the price has been impulsing towards the upside ever since. At the moment, we might infer how a crucial area of resistance has been reached and we are expecting for some correctional moves | pullbacks to kick in from here and drive the price towards the downside in the middle...
Franc dollar: a retest of the neckline, and if the uptrend is broken, the decline is expected to continue
usdchf has formed a falling wedge pattern, we expect the pair to move upwards only when the line A is broken and retested. targets are marked as p1 and p2 like, comment and follow if my idea is good.
The price went perfectly along the line that was in the previous analytics and now USDCHF goes to the resistance line 0.967.